1625 4th St - Commercial LAND FOR SALE


Sarasota, FL 34236- Downtown Sarasota61,855 SF
$7,995,000 USD
941-920-1500

NO PHOTO

$7,995,000 USD
Commercial LAND - FOR SALE
61,855 SF

1625 4th St
Sarasota, FL 34236
Downtown Sarasota


OVERVIEW

Shovel-Ready Luxury Development in the Heart of Sarasota Refined Urban Living | Rosemary District | $57M+ Projected Sales EXPERIENCE THE BEST OF DOWNTOWN SARASOTA A true game-changer for luxury developers, builders, and visionaries—this is one of the last buildable parcels in Sarasota’s vibrant and walkable Rosemary District, moments from the new 53-acre Bay Sarasota Park and surrounded by over 65 restaurants within a 6 block radius. What makes this project unmissable? Two words: Time & Density. · Shovel-Ready: Permits in under 30 days. No red tape. No waiting. Approved plans feature a boutique, contemporary mixed-use masterpiece combining: · 10 Designer Condominium Residences · 10 Tri-Level Townhomes with private garages and elevators · 10 Luxury Retail Suites with soaring storefronts --- Design & Lifestyle Highlights: · Private gated enclave with individual entrances · Expansive 4-bedroom, 3.5-bathroom layouts · Separate guest casitas for multi-gen or income opportunities · Illuminated, open floor plans with floor-to-ceiling glass · Alfresco terraces with grill-ready summer kitchens · Lushly landscaped Zen-inspired pool oasis · Private two-car garages and in-unit elevators · Crafted with the latest hurricane construction standards · Premium designer finishes and curated architectural touches throughout --- Investment Snapshot: · Projected sales from $2.4M–$3M per unit · Total projected revenue: $57,220,000 · Construction timeline: as little as 24 months · Ideal for capital rotation, high-margin resale, or portfolio legacy --- The Ultimate Urban Lifestyle Positioned in Sarasota’s booming cultural corridor, this project redefines boutique luxury in one of Florida’s top-ranked lifestyle cities. From University Town Center to Sarasota Opera, Selby Gardens, and Lido Beach—everything is within reach. Pro forma available upon request Don't miss your chance to shape the skyline—and the future—of Downtown Sarasota.

FOR SALE DETAILS

PRICE

$7,995,000 USD

PRICE/ACRE

$5,630,300/AC

PRICE/SF

$129 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

1.42 AC

LAND SF

61,855 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable, Telephone

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Frank LambertPremier Sothebys International RealtyMore Info
941-920-1500

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Frank LambertPremier Sothebys International RealtyMore Info
941-920-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.